|Bid||13.04 x 0|
|Ask||13.05 x 0|
|Day's Range||12.98 - 13.37|
|52 Week Range||11.11 - 26.36|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.14|
April 30 (Reuters) - Foxconn Industrial Internet Co Ltd : * SAYS Q1 NET PROFIT UP 8.3 PERCENT Y/Y Source text in Chinese: https://bit.ly/2IPrM0S Further company coverage: (Reporting by Hong Kong newsroom)...
* PREVIOUS TRADING SESSION MOVES: * SSEC -0.4 pct, CSI300 -0.4 pct, HSI -0.5 pct * Shanghai- HK daily quota used 3.3 pct, Shenzhen- HK daily quota used 0.6 pct * Northbound legs of the Stock Connect ...
While Foxconn chairman Terry Gou enters Taiwan's rancorous political arena free of any political baggage, he could yet find himself weighed down by connections to Beijing forged during his pragmatic commercial rise. Gou, 68, announced on Wednesday that he would contest Taiwan's 2020 presidential election, seeking to represent the opposition Kuomintang (KMT) party - a vote that comes after a period of increasing tension between Beijing and the self-ruled island. The network of Gou, Taiwan's richest person, also includes extensive U.S. connections, including a friendship with President Donald Trump.
April 18 (Reuters) - Foxconn Industrial Internet Co Ltd : * SAYS THERE IS NO INFORMATION IT NEEDS TO DISCLOSE, RESPONDING TO RECENT UNUSUAL SHARE PRICE MOVEMENTS * SAYS COMPANY OPERATING NORMALLY Source ...
Shares of Foxconn and its Shanghai and Hong Kong-listed units soared on Thursday as investors cheered news that the chairman of the world's largest contract manufacturer will run for president of Taiwan. Gou, Taiwan's richest person with a net worth of $7.6 billion according to Forbes, said on Wednesday he would join the already competitive presidential race, and take part in the opposition, China-friendly Kuomintang (KMT) primary elections. Foxconn in a statement on Tuesday said Gou would remain chairman, though he planned to withdraw from his company's daily operations.
* PREVIOUS TRADING SESSION MOVES: * SSEC +3.2 pct, CSI300 +3.9 pct, HSI +1.0 pct * HK- Shanghai Connect daily quota used 13.6 pct, Shanghai- HK daily quota used 5.4 pct * HK- Shenzhen Connect ...
March 29 (Reuters) - Foxconn Industrial Internet Co Ltd : * SAYS 2018 NET PROFIT UP 6.5 PERCENT Y/Y Source text in Chinese: https://bit.ly/2JOAxd6 Further company coverage: (Reporting by Hong Kong newsroom)...
Foxconn initially planned to manufacture advanced large-screen displays for TVs and other consumer and professional products at the Wisconsin plant. It later said it would build smaller Generation 6 LCD screens instead. The initial Gen6 facility will manufacture screens for education, medical and healthcare, entertainment and sports, security, and smart cities products, Foxconn said Monday.
MSCI Inc. said it will add nine stocks with dual-class shares to its global benchmark MSCI All-Country World Index. Seven of the companies are based in China, while the others are in the U.S., according to a quarterly review dated Feb. 11.
As Foxconn keeps changing its plans for its Wisconsin plant, a state representative has no idea what will happen.
Foxconn posted second-quarter net profit well below expectations as a rise in component costs and unsold inventory weighed on the performance of the Apple supplier and world's top contract electronics maker, analysts said. The company, formally known as Hon Hai Precision Industry Co Ltd, reported net profit of T$17.49 billion ($567.25 million) late on Monday, 20 percent short of analyst expectations and slightly below the year-earlier results.
Chinese tech titans preparing to float in Hong Kong and New York are likely to face a bumpy ride if trade tensions between the world's two biggest economies persist, potentially dragging on capital raisings after a stellar first half. While so far there has not been any significant impact from the U.S.-China trade spat, with funds raised in Asia-Pacific equity capital markets (ECM) at three-year highs and blockbuster IPOs such as that by Xiaomi, there are indications smaller deals are getting hurt.
Share issues by China's Tencent Holdings and Foxconn Industrial Internet Co helped global technology stocks buck the generally weaker trend for capital raising from equity markets in the first half of 2018, data showed on Friday. In the first six months of the year, companies raised a total of $386.8 billion (£295.8 billion) in equity, down 0.9 percent on the same period of 2017, Thomson Reuters Equity Capital Markets (ECM) data to June 25 showed. Activity fell as much as 12.3 percent in the second quarter to $180.3 billion with proceeds from initial public offerings (IPOs) falling 11.2 percent to $41.8 billion, dragged down by a 34.9 percent fall in Europe.
Foxconn Industrial Internet Co Ltd (FII), a unit of the world's largest contract manufacturer, became China's biggest domestically listed tech company by market cap on Friday as its shares soared a maximum 44 percent on debut. The company, which makes electronic devices, cloud service equipment and industrial robots, raised more than $4 billion in China's biggest IPO since 2015, highlighting Beijing's resolve to lure major tech listings away from Hong Kong and New York and use capital markets to fortify the domestic tech sector. FII hit the daily limit of 44 percent within seconds of trade, helped buy government caps on IPO valuations and mainland China investor enthusiasm for new issues.